£223,108
This estimated value is based upon the latest sale price for the house of £155,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for LUTON 1
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3 Nursery Parade, Marsh Road, Luton, LU3 2QP
Phone: 01582955774
| Price Paid | Date |
|---|---|
| £155,000 | 31 Jul 2015 |
| £130,000 | 2 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 sq feet |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in July 2015 the House Price Index for LUTON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £155,000 results in an estimated price of approximately £223,108.
| 31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £155,000 | £68,108 | £223,108 |
The Postcode Pricing Model uses changes in average sales price within the LU3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 82.553 % | £127,956 | £282,956 |
| 3 Month Average | 43.758 % | £67,825 | £222,825 |
| 6 Month Average | 69.714 % | £108,056 | £263,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £294,769 | £291,000 | 18 VERULAM GARDENS |
| 8 Sep 2023 | £271,471 | £268,000 | 30 VERULAM GARDENS |
| 31 Jul 2023 | £253,411 | £250,000 | 23 VERULAM GARDENS |
| 20 Jan 2023 | £288,640 | £290,000 | 128 REPTON CLOSE |
| 13 Jun 2022 | £336,759 | £332,000 | 81 REPTON CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 22 Apr 2015. Using an estimated price of £223,108 means this house is valued at £4,131 per sq meter (£383 per sq foot).
The average size of a house on REPTON CLOSE is 52 sq meters (565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Tiberius Road |
| Mar 2024 | Other crime | Under investigation | On or near Repton Close |
| Jan 2024 | Public order | Under investigation | On or near Repton Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Repton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Verulam Gardens |